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Founded in 2019 as a Tsinghua University spinout, Zhipu AI (branded as Z.ai) is headquartered in Beijing and now publicly traded on the Hong Kong Stock Exchange. The lab develops the GLM (General Language Model) family, one of China's most mature open-source LLM lineages, with a focus on bilingual Chinese-English performance and multimodal capabilities. GLM models power enterprise applications and consumer chatbots across the Chinese market.